CL King Maintains Buy on Cracker Barrel Old, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
CL King analyst Andrew Wolf maintains a 'Buy' rating on Cracker Barrel Old (NASDAQ:CBRL) but lowers the price target from $115 to $105.
September 05, 2023 | 3:14 pm
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NEUTRAL IMPACT
Cracker Barrel Old's price target has been lowered from $115 to $105 by CL King, though the 'Buy' rating is maintained.
The news is directly about Cracker Barrel Old (CBRL). The lowering of the price target might indicate a potential downside, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100